Group organises summit to unlock Africa’s energy potential, reduce poverty

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Children from a poor family living in a garbage dump. AFP PHOTO / STRINGER

The African Peace Organisation is set to organise the 3rd edition of the International African Energy, Oil and Gas Summit to address the poverty rate in Africa.

In a statement on Monday jointly signed by the Chairman of APO, Hon. Justice Suleiman Galadima (retd.), and the Editor-in-Chief of African Peace Magazine, the summit will promote business cooperation, stimulate investment and create jobs among African countries.

It stated that the summit, which is billed to take place in Namibia from 22 to 30 October, will further boost business cooperation with Nigeria as a follow-up to the African Continental Free Trade Agreement.

The statement added that the summit is coming against the report that in 2024, around 429 million people in the continent were living in extreme poverty, which led to insecurity and conflict.

The statement reads, “We are pleased to invite you to the 2024 International African Energy, Oil and Gas Summit, an event pivotal for those eager to stay abreast of the latest trends, innovations and opportunities in the oil and gas industry.

“The International African Energy, Oil & Gas Summit & Awards/Exhibition (IAEOG) is a few weeks away, kicking off on 22nd to 30th of October, 2024. This premier event continues to grow remarkably each year, with over 2,500 attendees expected to converge from more than 50 countries under one roof.

“This event, a proactive endeavour supporting the AfCTA’s mission to forge regional value chains in Africa, aims at stimulating investment and job creation across the continent. AfCFTA’s ultimate goal is to unify approximately 1.3 billion people across Africa, with a collective GDP of nearing US$ 3.4 trillion.”

It added, “They said the summit will bring together high-level top executives, CEOs, managers, investors, the business community, government agencies, exporters and importers from oil and gas sectors from across Africa and the world to deliberate on the challenges and opportunities of the energy transition and the future of oil and gas in Africa.

“The summit, which had the theme, ‘A Symphony of Progress – Harnessing Africa’s Natural Resource Development,’ would be held at Hilton Windhoek, Rev. Michael Scott St. Windhoek, Namibia.

“The event will feature panel discussions, presentations, exhibitions, dinners, charity golf tournaments, award presentations, tours, and a host of other activities.”

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